Emergen Research latest document, titled ‘Global Direct-to-Consumer Genetic Testing Market – Forecast to 2027,’ is one of the most sought-after market reports involving an in-depth analysis of the global Direct-to-Consumer Genetic Testing market. The report’s authors have offered necessary details on the latest Direct-to-Consumer Genetic Testing market trends and the crucial parameters impacting both short-term and long-term market growth.
The global Direct-to-Consumer Genetic Testing Market is forecasted to reach USD 3.33 Billion by 2027, according to a new report by Emergen Research. Increasing genetic disease incidence would fuel competition for direct-to-consumer genetic testing and accelerate market development across the expected timeframe. Increasing cases of hereditary disorders such as breast cancer, achondroplasia, colorectal cancer and other diseases have increased the need for cost-effective and reliable avenues of genetic testing in the healthcare industry. For reference, according to the World Cancer Research Fund (WCRF), more than 2 million new cancer cases were reported globally in 2018. Breast cancer is now considered to be the second most prevalent disease. The introduction of a superior standard and innovative direct-to-consumer genetic testing has significantly lowered mortality levels of people with cancer by maintaining diligence surveillance data even before the onset of the disease. The preceding conditions would, therefore, accelerate the demand for direct-to-consumer genetic testing to reverse the timetable for the prediction.
Its panoramic view of the Direct-to-Consumer Genetic Testing industry entails useful insights into the estimated Direct-to-Consumer Genetic Testing market size, revenue share, and sales & distribution networks. Such helpful market insights are bound to help readers outline this industry’s key outcomes in the near future. Those are further intended to assist businesses involved in this sector in sound decision-making and formulating lucrative business plans. The primary addressees of this report include some of the globally renowned venture capitalists. The report offers these individuals a vivid description of the competitive spectrum of the global Direct-to-Consumer Genetic Testing market.
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Market Scope:
One of the report’s central components is the broad Direct-to-Consumer Genetic Testing market segmentation that includes the product type gamut, application spectrum, end-user industry landscape, significant geographical regions, and the top market contenders. The report contains unbiased industry expert opinions on the current market scenario, past market performance, production & consumption rates, demand & supply ratio, and revenue generation forecasts over the estimated period.
The key players’ financial positions, along with their gross profits, sales volumes, sales revenue, manufacturing costs, and other financial ratios, have been accurately gauged in the report. Furthermore, several analytical tools like investment assessment, SWOT analysis, and Porter’s Five Forces Analysis have been implemented by our analysts’ team to evaluate the production and distribution capacities of the Direct-to-Consumer Genetic Testing market players.
Leading Players Profiled in the Report:
23andMe, Full Genome Corporation, Color Genomics, Genesis Healthcare, Helix OpCo LLC, FamilyTreeDNA, MyHeritage, Identigene, Pathway genomics, and Living DNA, among others
Segmental Analysis
The global Direct-to-Consumer Genetic Testing market is broadly segmented on the basis of different product types, application range, end-use industries, key regions, and an intensely competitive landscape. This section of the report is solely targeted at readers looking to select the most appropriate and lucrative segments of the Direct-to-Consumer Genetic Testing sector in a strategic manner.
The segmental analysis also helps companies interested in this sector make optimal business decisions and achieve their desired goals.
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Test Type Outlook (Volume, Kilo Tons; 2017-2027) (Revenue, USD Billion; 2017-2027)
- Carrier Testing
- Predictive Testing
- Ancestry & Relationship Testing
- Nutrigenomics Testing
- Others
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Distribution Channel Outlook (Volume, Kilotons; 2017-2027, Revenue, USD Billion; 2017-2027)
- Online Platforms
- Over-the-Counter
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Application Outlook (Volume, Kilo Tons; 2017-2027) (Revenue, USD Billion; 2017-2027)
- Targeted Analysis
- Single Nucleotide Polymorphism Chips (SNP)
- Whole Genome Sequencing (WGS)
Key geographical areas:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
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Highlights of the TOC:
- Report Overview
1.1 Research Scope
1.2 Key Direct-to-Consumer Genetic Testing market segments
1.3 Major players
1.4 Market analysis by product
1.5 Market analysis by application
1.6 Report timeline - Global Growth Trends
2.1 Global Direct-to-Consumer Genetic Testing market size
2.2 Latest Direct-to-Consumer Genetic Testing market trends
2.3 Key growth trends - Competitive Landscape
3.1 Global Direct-to-Consumer Genetic Testing market key players
3.2 Global Direct-to-Consumer Genetic Testing size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Direct-to-Consumer Genetic Testing market
3.5 Mergers, acquisitions, joint ventures, and strategic alliances
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